Danlaw Technologies India Limited (BSE:532329) agreed to acquire Danlaw Electronics Assembly Limited on August 23, 2021. Under the terms, Danlaw Technologies India will issue 03 (Three) equity shares for every 04 (Four) equity shares of Danlaw Electronics Assembly. The transaction is subject to approval of the Hon'ble National Company Law Tribunal, Hyderabad Bench, Unsecured Creditors and shareholders of Danlaw Technologies India. As of September 18, 2021, Hon'ble National Company Law Tribunal, Hyderabad Bench passed and Unsecured Creditors and shareholders of Danlaw Technologies India approved the transaction. As of October 1, 2021, Danlaw Electronics Assembly Limited and their respective Shareholders and Creditors be changed from September 30, 2021 to September 30, 2022.